Carrageenan market

1. Carrageenan Market
To Reach USD 1.46
Billion By 2027
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2. The growing demand for processed food and rising demand for organics products within
the processed food products are driving the market for Carrageenan.
Market Size – USD 894.8 Million in 2018, Market Growth - CAGR of 5.5%, Market Trends –
High demand from the food and beverage industry.
The global Carrageenan market is forecast to reach USD 1.46 Billion by 2027, according to a new
report by Reports and Data. It is an additive that is used to emulsify, thicken, and preserve foods
and beverages.
It’s a natural ingredient that is derived from red seaweed, also called the Irish moss. This
ingredient is commonly used in meat products, nut milks, and yogurt. The major demand of the
carrageenan is from the food industry. The highest application of the market is especially from
the dairy products. The ingredients are used in the food, pharmaceuticals, and cosmetic industry,
among others.
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3. Market Summary
Beneficial Aspects of the Report:
Carrageenan is among the most common food additive with no nutritional value. It is expected to trigger
inflammation and gastrointestinal ulcerations, and it damages the human digestive system. It is linked to
ulcerations and cancers of the gastrointestinal tract. Undergraded carrageenan is widely used with
malignancies and stomach problems. Moreover, acid digestion, bacterial action, heating, and mechanical
processing can all accelerate degradation of food-grade carrageenan.
Fluctuations in the prices of raw materials affect the prices of market products, and it restricts its growth.
Fulfillment of stringent regulations regarding the application of carrageenan in some countries is a major
challenge for the manufacturer.
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4. Market Summary
Some of the key players operating in the Market include:
AEP Colloids, Gelymar SA, Danisco A/S, Shemberg Marketing Corporation, Marcel Trading Corporation,
MCPI Corporation, ACCEL Carrageenan Corporation, Ina Food Industry Co. Ltd., PT Fortuna Cahaya
Cemerlang, and Danlink Ingredients (Pty) Ltd., among others.
For the purpose of this report, Reports and Data have segmented into the global Carrageenan market on
the basis of type, grade, source, application, and region:
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Kappa
Iota
Lambda
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market
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5. Market Summary
Further key findings from the report suggest
Grade Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Refined Carrageenan
Semi-Refined Carrageenan
Source Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Stabilizer
Thickener
Gelling Agent
Others
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Food Industry
Pharmaceuticals
Others
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